Settings8H · net · $10k
Funding arb · Price arb /

SYRUP

all SYRUP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC−0.044%7-day average +0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$880.879% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.016%+$2 on $10k
Price spread, last 7 days+0.145%+$15 · spread now −0.044%, 7d avg +0.092%
Together, before fees+0.161%+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.135% cheaper against MEXC than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SYRUP_USDT0.22950.0100pay 0.0050% / 4h1h 29m$3.1M$566K100x
ShortOKX SYRUP-USDT-SWAP0.22940.0100get 0.0050% / 4h1h 29m$1.2M$990K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.044% → +0.092%
−$13.52
Slippage, 4 orders
−$69.91
Fee MEXC: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$101.42
Costs to cover
0.879%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; OKX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 3 min ago4.36 bp11.9 bp −$1257.7 bp −$577261.8 bp −$26.2Kdoesn't fit
Sell OKX live order book, 2 min ago4.36 bp28.7 bp −$29442.5 bp −$4,425doesn't fitdoesn't fit

SYRUP on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SYRUP-USDT+0.0087%4h0.2294−0.035%$464K$132K50xas long as short
Lighter SYRUP+0.0096%1h0.2300+0.200%$208K$225K5xas long as short
Aster SYRUPUSDT+0.0100%4h0.2296+0.041%$12K$61K10xas long as short
Binance SYRUPUSDT+0.0100%4h0.2296+0.035%$9.6M$6.5M25xas long as short
Bybit SYRUPUSDT+0.0100%4h0.2296+0.039%$2.3M$1.9M25xas long as short
OKX SYRUP-USDT-SWAPshort+0.0100%4h0.2294−0.044%$1.2M$990K20x
Gate SYRUP_USDT+0.0100%8h0.2295−0.013%$428K$67K25xas long as short
MEXC SYRUP_USDTlong+0.0100%4h0.2295long leg$3.1M$566K100x
KuCoin SYRUPUSDTM+0.0100%4h0.2303+0.362%$2.0M$107K25xas long as short
Bitget SYRUPUSDT+0.0100%4h0.22950.000%$675K$430K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SYRUP-USDT+0.0100%4h0.2295+0.013%$6.5Mas long as short
Variational Omni SYRUP+0.0100%4h0.2294−0.032%$165K$51Kas long as short
Reya SYRUPRUSDPERP+0.0149%1h0.2295−0.016%5xas long as short
GMX SYRUP/USD [ETH-USDC]L +0.0330% / S −0.1447%1h0.2295−0.010%$3K50xas long as short
Hyperliquid SYRUP+0.0868%1h0.2301+0.283%$5.8M$1.5M3xas long as short
Kraken Futures PF_SYRUPUSD+0.1427%1h0.2297+0.094%$41K$23K10xas long as short